Compliance Officer I-Newline Compliance

Compliance Officer I

Make banking a Fifth Third better We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.

GENERAL FUNCTION :

Leads in the identification and assessment of risks (Electronic Funds Transfer, Truth in Lending, Equal Credit Opportunity Act and UDAP / UDAAP) and the execution of procedures to evaluate the Bancorp's compliance with laws, regulations and industry standards. Develops and executes strategies for closing gaps in performance. Works mostly self-directed, with minimal supervisory oversight. Also works within department and cross-department teams. Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Banks risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES AND RESPONSIBILITIES :

• Participates in the analysis of lending policies and procedures, including scoring systems, strategic priorities, market share data, lending trends, external influences, current regulatory focuses, previous examination findings, and input from Audit and
• Conducts interviews and discussions with managers at all levels to understand the lending process, lending guidelines and Technology platforms.
• Analyzes data by numerous delivery channels, geographic area, product types, facility, and even employee or officer to identify risks and Develop and recommend scope or target for the Review, corrective action / or performance gap closure. Develops and executes strategies for closing gap in performance.
• Assess the adequacy of the business units' / affiliates recommended corrective action to the issues or gaps identified.
• Develops and report's findings to Senior Management regarding their business lines (Legal, Audit, and Senior level Operating Committees).
• Participates and / or Leads regular meetings with peers to Build and maintain knowledge of current and emerging issues and risk in the environment
• Recommends solutions based upon subject matter expertise to Regulatory Monitoring and Change management Program ownership.
• Recommend protocols for compliance testing.
• Contribute updates to the compliance risk assessment.
• Support post-implementation validation based on risk rating.
• Reviews reporting from the Councils for use by the Regulatory Change management Committee.
• Areas of responsibility and accountability within compliance Include : consumer, commercial, Wealth & Asset Management, testing & practices, financial Crimes and all other relevant and applicable laws and regulations

SUPERVISORY RESPONSIBILITIES :

Responsible for providing employees timely, candid and constructive performance feedback; developing employees to their fullest potential and provide challenging opportunities that enhance employee career growth; developing the appropriate talent pool to ensure adequate bench strength and succession planning; recognizing and rewarding employees for accomplishments.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED :

LOCATION Cincinnati, Ohio 45227